If you're a landlord, air conditioning can be a major asset. There's a range of options for landlords to add significant value to a property at low cost with residential air conditioning. This can be a very simple exercise, requiring relatively low outlay to achieve best results.
Air conditioning and rented properties
Strangely, many Australian landlords still don't seem to realize that the old days of the hot or freezing fibro shack or old Brick Veneer unit are long gone. The rental market is really characterized by standards of living, and the buildings without air conditioners really aren't up to scratch any more.
The air conditioning is a positive for tenants, too, in terms of quality of life. People don't mind paying a bit extra for a nice place. Air conditioners adds definite value for tenants, and is seen as value for rent money. Most tenants gravitate to better quality premises, and the air conditioners provides exactly that.
Value adding on rental premises
The simple fact is that cooling systems create commercial value for landlords. Air conditioning is a commercial investment for landlords, and a good one. It's an important, in fact essential, upgrade for premises without it, as well and without it, a rental property instantly devalues itself.
In terms of value adding, air conditioning is an absolute must. There are whole generations of Australians who've never lived in a place without it and won't even consider doing so. For many people, particularly those with allergies like hay fever, it's essential to control their allergies. They can't be expected to live in places without air conditioning.
Cost vs. returns
Returns on fully air conditioned residential properties are much higher in real terms. They pay for themselves by attracting and retaining tenants. Modern air conditioners really are comparatively cheap, for any modern home or unit, and the most expensive systems are paid for by less than half a year's rent at the absolute most for a house. Air conditioning for units is significantly cheaper.
The only real costs after installation are likely to be for servicing, and that's not required often. Digital air conditioners are a whole new generation of systems which are far less prone to mechanical issues and generally very durable.
Getting the air conditioner service you need
The next issue is getting service when you need it. Getting the service you need, when you need it, is easy. A bit of shopping around for the big name brands is the quick way to find the best services, as well as the best air conditioners. Parts and service are easy to obtain, and there are no real issues in getting prompt service for your tenants.
Suppliers also provide a good backup service, warranties on their work, and a clearly laid out set of charges. The top name brands, like Panasonic and Mitsubishi air conditioners are easily serviced locally.
You'll find the entire process of getting air conditioning is simple and efficient from the start. Installation can be completed in a few hours in most cases, and your rental property will be attracting tenants like a magnet.
My father-in-law owns a few rental properties, and he has been considering adding air conditioners to the units. He has always assumed that the cost would be too high, but you make a good argument that the return will outweigh the cost! I know that when my husband and I were looking for a new place to live, air conditioning was pretty high on the check list. I'm sure his properties would become much more attractive with air conditioning! http://www.onehourairwestpasco.com
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